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3000 7000 QUESTION 9 The Thomlin Company forecasts that total overhead for the current year...

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3000 7000 QUESTION 9 The Thomlin Company forecasts that total overhead for the current year will be $15,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $15,500,000 and the actual machine hours are 220,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, what is that overhead rate? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). T T T Arial 3 (12pt) VT

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